616 N Madison Ave Pasadena, CA 91101

$--

8 Beds
6 Baths
4,181 Sq.Ft.

Off Market

Map preview of 616 N Madison Ave, Pasadena, CA 91101

Property Overview: 616 N Madison Ave Pasadena, CA has 8 bedrooms, 6 bathrooms, 4,181 living square feet and 12,405 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

616 N Madison Ave is currently an off market home in the city of Pasadena. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Pasadena has a median list price of $1,250,000. The median price per/sqft for Pasadena is $756. With those numbers in mind, if you are looking to purchase a median priced home in Pasadena, CA and put 20% down you will need to save up $250,000 for the down payment and will need roughly $25,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Pasadena the commission could be as much as $60,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 616 N Madison Ave

View property's historical transactions

July, 2014
Jul 29, 2014

Date

Price Change

CRMLS: 214026457

$1,099,000

Price
Jul 10, 2014

Date

Price Change

CRMLS: 214026457

$1,200,000

Price
Listing provided courtesy of CRMLS

There are a few opportunities in life and in business to enjoy cash-flow and passive income. Take this chance to own a bread-and-butter income property. 6 units in Northeast Pasadena, 2 houses on a lot. Front property is a duplex and there is a four-plex in the back. All units currently leased out until August 1, 2014. ALL UNITS CAN BE DELIVERED VACANT. The units are rented out for UNDER MARKET VALUE. Take this chance to purchase an income-producing property and capitalize on market lease terms.

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Tax History for 616 N Madison Ave

Assessed Value (2020): $109,223

Year	Land Value	Improved Value	Assessed Value
2020	$30,390	$78,833	$109,223

About 616 N Madison Ave

Detailed summary of property

616 N Madison Ave is categorized with a use code of Apartment House (5+ Units) in Pasadena, CA 91101 and is currently off market. This property has 8 bedrooms, 6 bathrooms, roughly 4,181 living square feet, and sits on an approximately 12,405 square foot lot. Homes in Pasadena are selling for a median price of $1,200,000 and a median price per square foot of $781. Local nearby listings include 408 N Catalina Ave #8, 549 N Wilson Ave #6 and 1025 N Mentor Ave. The average home in Pasadena, CA is selling in 57 days. There are currently 334 homes for sale in the Pasadena real estate market and 175 of them are single family homes while 122 of them are condos and 37 are townhomes. If you are the homeowner and looking to sell the home at 616 N Madison Ave Pasadena, CA 91101 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 616 N Madison Ave

Public county record property details

Beds: 8
Baths: 6
Year built: 1922
Sq. Ft.: 4,181
Lot Size: 12,405
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 11
APN: 5731-007-022

The source for these homes facts are from public records.

91101 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$800,000

Median List Price/Sq.Ft.

$730

Median Sold Price

$800,000

Median Sold Price/Sq.Ft.

$798

Total Inventory

Median Sale to List Price %

99.01%

Avg Days on Market

Loan Type

Conventional (45.45%), FHA (0%), VA (0%), Cash (36.36%), Other (18.18%)

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(714) 706-1823

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